A financial planner or personal financial planner is a professional who prepares financial plans for people. These financial plans often cover cash flow management, retirement planning, investment planning, financial risk management, insurance planning, tax planning, estate planning and business succession planning (for business owners).
Financial planning should cover all areas of the client’s financial needs and should result in the achievement of each of the client's goals as required. The scope of planning would usually include the following:
Risk Management and Insurance Planning
Managing cash flow risks through sound risk management and insurance techniques
Investment and Planning Issues
Planning, creating and managing capital accumulation to generate future capital and cash flows for reinvestment and spending, including managing for risk-adjusted returns and to deal with inflation
Planning to ensure financial independence at retirement including 401Ks, IRAs etc.
Planning for the reduction of tax liabilities and the freeing-up of cash flows for other purposes
Planning for the creation, accumulation, conservation and distribution of assets
Cash Flow and Liability Management
Maintaining and enhancing personal cash flows through debt and lifestyle management
Source : https://en.wikipedia.org/wiki/Financial_planner